- Agriculture.com Community
- Announcements & Forum Help
- Farm Business
- Young & Beginning Farmers
- Cattle Talk
- Crop Talk
- Hog Talk
- Machinery Talk
- Machinery Marketplace
- Shops, buildings and bins
- Ask the SF Engineman!
- Computers & more
- Precision Agriculture
- People & Rural Life
- Ag Forum
- Women In Ag
- Agriculture.com Blogs
- Your Farm in the Future
- Women in Ag: Lisa Foust Prater
- Women in Ag: Brenda Frketich
- Women in Ag: Anne Miller
- Women in Ag: Jennifer Dewey
- Women in Ag: Talkin' Turkey with Lara Durben
- Women in Ag: Heather Lifsey Barnes
02-02-2017 01:29 PM
I spent a few days at the Iowa Power Farming Show in Des Moines, Iowa, this week. Less time on the exhibit floor and more time in the breakout sessions. I came away with one pretty bullish story and one bearish-like story for this year's corn and soybean markets. If you have a minute, take a look:
Get 'R Done
02-02-2017 02:40 PM
Be down, but acres will be up.
Corn, the ironic thing, fellows might cut back
On acres and inputs, which would lower output
Thus price goes up.....but then, will people
Think that, and say, hey if we produce more
With higher prices, we need to spend
More money on crop... then we over produce
And price goes down
If their logic is correct then wheat should
Be the sleeper....big crop last year...acres
Down....that can only equal one thing ?
02-02-2017 05:36 PM
the "smart" guys I talk to, the ones that seem to have a knack for knowing when to hold them and when to fold them are targeting $12 cash, which might be equivalent to $13 on the board given basis and some slippage.
But in the meantime....Sell...Sell...Selll
02-02-2017 06:05 PM
Local gavilon terminal/ shuttle loader is full till the next train shows up, has everybody shut off.
Basis at bunge west has eroded about 12¢ the last week and a half.
02-02-2017 10:52 PM
Mike play with math enough and you can find a good angle......
Sounds like he got enough to give you a story,,, but
I hope its right but so far usda has chosen to follow the monsanto projections.
And the market never had the advantage of that "scientific" projection before...
02-04-2017 09:39 PM
I gotta deal for you...
$21,000+ for you, even more if you follow the advice of your friends in the brokerage firms you believe in so firmly.
I'll deliever to elevator of your choice within 50 miles of my bins for free, 20 semi loads of beans for the bargain price of only $11.50 /bu paid up front. Offer expires end of next week. Should be like shooting fish in a barrel.
This would let you play in the real world, with real beans, you could call, put spread, dp, Texas hedge, forward price, just any number of things only limited by your imagination.
By fall you, the wife, and kids could be living large all courtesy of this golden can't lose, nothing could go wrong, once in a lifetime opportunity.
All I ask is a thank you and of course the little up front check for the beans.